Actron Technology Balance Sheet Health
Financial Health criteria checks 6/6
Actron Technology has a total shareholder equity of NT$10.1B and total debt of NT$2.7B, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are NT$15.8B and NT$5.7B respectively. Actron Technology's EBIT is NT$650.1M making its interest coverage ratio 44.2. It has cash and short-term investments of NT$2.3B.
Key information
26.2%
Debt to equity ratio
NT$2.65b
Debt
| Interest coverage ratio | 44.2x |
| Cash | NT$2.26b |
| Equity | NT$10.12b |
| Total liabilities | NT$5.70b |
| Total assets | NT$15.82b |
Recent financial health updates
Recent updates
Returns On Capital At Actron Technology (GTSM:8255) Paint A Concerning Picture
Mar 25
Can You Imagine How Actron Technology's (GTSM:8255) Shareholders Feel About The 11% Share Price Increase?
Feb 11Here's Why Actron Technology (GTSM:8255) Can Manage Its Debt Responsibly
Jan 20
Actron Technology Corporation's (GTSM:8255) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Dec 30Returns On Capital At Actron Technology (GTSM:8255) Paint An Interesting Picture
Nov 25Financial Position Analysis
Short Term Liabilities: 8255's short term assets (NT$5.0B) exceed its short term liabilities (NT$2.8B).
Long Term Liabilities: 8255's short term assets (NT$5.0B) exceed its long term liabilities (NT$2.9B).
Debt to Equity History and Analysis
Debt Level: 8255's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: 8255's debt to equity ratio has reduced from 40.8% to 26.2% over the past 5 years.
Debt Coverage: 8255's debt is well covered by operating cash flow (40.6%).
Interest Coverage: 8255's interest payments on its debt are well covered by EBIT (44.2x coverage).